PWYP Norway is the Norwegian chapter in a network of around 800 organisations from about 70 countries worldwide. We work for financial transparency in the extractive industry to promote sustainable societies.

Mariel Christina Aguilar Støen talked about elithes in Latin America. Photo: Ingvild Onstad Helle
Transparent extractive industries which invest in social programs, are characterized by dealing with less social conflicts and thus tend to become more competitive.

Raul Velasquez and Pablo Rojas from Bolivia are putting up key actors in their country. Photo: Eline Helledal
The interest that some key stakeholders use to support mechanisms for transparency are not always proportional to their power. The experience from some Latin American countries can be crucial to understand the relation between interest and power.

We are not far from getting the law on expanded country-by-country reporting in place. Illustration: Roar Hagen
The Government only needs to close three loopholes to make the legislation to combat corruption and tax flight work.

Companies often reallocate income rather than paying the tax. The figure shows the weighted average of the three groups of countries, with the current taxable income as weights. Graphics: IMF
International companies have managed to push the income tax down to zero, and the countries loses up to 15 percent in tax revenue, according to a new report from the International Monetary Fund (IMF).

Tuesday June 20, members of the new stakeholder group of EITI, were appointed by the Norwegian government. Among the members are Secretary General of Publish What You Pay Norway, Mona Thowsen. The new group will sit for two years.

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The OECD has invited interested parties to send comments on a discussion draft, which includes the preliminary results of the work carried out in three different areas on tax-policy. Publish What You Pay Norway has used the opportunity to send in comments.